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Company No. 03673679 · Incorporated 19 Nov 1998

Nesscoinvsat Limited

Registered name: NESSCOINVSAT LIMITED

Nesscoinvsat Limited made £20.8m revenue and £11.4m profit in the year to 31 Mar 2025. read from filing text

Nesscoinvsat Limited’s revenue grew 9% to £20.8m in the year to 31 Mar 2025, with £11.4m profit and 48 employees. The company is classified under “other telecommunications activities” and is based in London; we hold 4 years of its filed accounts.

Status
Active
Location
London, London
Age
27 yrs · since 1998
Type
Private Limited Company

Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently. From the filing: “Prior to the 18th December 2024, the company's immediate parent company was RigNet UK Holdings Limited, a company registered at Nescco House Discovery Drive, Arnhall Business Park, Westhill Aberdeensh”

Latest accounts · year to 31 Mar 2025

Key figures

Cash flow filed
Revenue
£20.8m
Growth ▲9%
Profit
£11.4m
Growth —
Profit margin
54.9%
Gross 9.6%
Employees
48
Change ▲17.1%
Profit / employee
£237k
Revenue/employee £433k
Profitable streak
1yr
Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 Dec 202131 Mar 202331 Mar 202431 Mar 2025
DisclosureProfit onlyFull P&Lread from filing textFull P&Lread from filing textFull P&Lread from filing text
Profit & loss
Revenue (turnover)—£24.4m£19.1m£20.8m
Cost of sales£8.1m£20.3m£17.2m£18.8m
Gross profit—£4.2m£1.8m£2m
Profit before tax—−£264k−£1.7m£11.4m
Profit after tax−£330k−£24.7k−£1.8m£11.4m
Profit (best available)−£330k−£24.7k−£1.8m£11.4m
Staff costs—£3.8m£3.6m£4.2m
Employees (average)30374148
Ratios
Profit margin—−0.1%−9.6%54.9%
Gross margin—17.1%9.7%9.6%
Revenue per employee—£660k£465k£433k
Profit per employee−£11k−£668−£44.5k£237k
Growth (year on year)
Revenue growth———▲9%
Headcount growth———▲17.1%
Balance sheet — indirect signals, not revenue
Cash at bank£91.4k£159k£2.7m£1.5m
Net assets£6.4m£6.4m£4.6m£16.6m
Fixed assets£3.3m£3.3m£3.3m£3.8m
Current assets£12.6m£19.9m£27.3m£21.6m
Debtors£2m£3.8m£2.7m£9.9m
Deferred income—£330k£3.3m£5.7m
Cash from operations——−£2.7m£1.2m
SourceAccounts · bulk data Dec 2023Accounts · bulk data Dec 2023FullAccounts · bulk data Mar 2025FullAccounts · bulk data Sep 2026
Derived from the latest filing

How the business works

Profit margin
54.9%
Profit ÷ revenue.
Gross margin
9.6%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£433k
Revenue ÷ average employees.
Profit per employee
£237k
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
18.2%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
27.7%
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
47.6%
Money owed by customers. Low = customers pay quickly.
Indirect — not revenue

Balance-sheet signals

Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.

Net assets
▲260%
Now £16.6m
Cash at bank
▼46%
Now £1.5m
Headcount
▲17%
Now 48
Deferred income
▲72%
Now £5.7m
Fixed assets
▲16%
Now £3.8m
Same industry, similar size

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Sources

Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £11.4m), from the Companies House accounts bulk data published Sep 2026. Spotted an error? Request a correction.

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.